Tuesday, 19 October 2021

Daily digest for Gupta Chandan & Associates, on October 19, 2021

posted: "INCOME TAX : Where Assessing Officer rejected claim of application of income in respect of increase in fixed deposits, since assessee had not shown that amount kept in fixed deposits had been allocated to or earmarked for a charitable purpose in accordanc"
posted: "FEMA, BANKING amp; INSURANCE : Where on 1-6-2000, FEMA was enacted repealing FERA and on 5-2-2010 i.e. after almost 10 years, a show cause notice was issued by Deputy Director under FEMA to respondent in respect of an offence made under repealed Act, name"
posted: "INCOME TAX : Where petitioner had made an application claiming exemption under section 10(46) and said application was forwarded to Commissioner, but said application had not been given due consideration and department submitted that petitioner had not ma"
posted: "INCOME TAX : Where Assessing Officer had proceeded to pass impugned assessment order without dealing with request of assessee for adjournment, there had been a violation of principles of natural justice; therefore, impugned assessment order, notice of dem"
posted: "EXCISE/ST/VAT : Where value of goods which were cleared by assessee - manufacturer to various depots situated throughout India was not known at time of clearance from factory gate and at time of finalization of provisional assessment for various periods, "

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Daily digest for Gupta Chandan & Associates, on February 23, 2026

Income Tax Forms as applicable from 1st April 2026. Old forms under income tax Act 1961 added for better search....